20 years together

DPC contributed to Meritas’ global guide on data protection

Dimitrov, Petrov & Co. (DPC) law firm  is the contributor for Bulgaria in the second edition of  “A Global Roadmap to Personal Data Protection”, recently published by Meritas. Europe chapter includes useful information on the latest developments in the field of data protection in sixteen countries in the region. Desislava Krusteva, Partner and Head of IT & Data... view more


Hristo Nihrizov was a speaker at the 4th Annual Data, Disruption and Technology Forum

DPC’s leading expert in TMT law Hristo Nihrizov participated in the discussion panel of the 4th Annual Data, Disruption and Technology Forum held on 5 November 2019 in London. The event is organized annually by The Global Leaders Forum – an exclusive community of global corporate executives, regulators, legal professionals and business advisors. Hristo Nihrizov was a co-moderator of... view more


How GDPR affects the activities of arbitral institutions – Martin Zahariev on Bloomberg TV

Personal data protection remains an issue of vital importance for both business and legal communities. Martin Zahariev, a lawyer at Dimitrov, Petrov & Co. and an expert at the Law and Internet Foundation, was invited in the morning block of Bloomberg TV, where he presented his research on how the activities of the arbitral institutions are affected by the GDPR. The absence of specific... view more


DPC advises NEVEQ in setting up the New Vision 3 alternative investment fund

DPC’ interdisciplinary team of experts provided full legal assistance to one of the firm’s loyal partners - NEVEQ - in setting up a new alternative investment fund (AIF) for collective investment. This form was unknown until now on the Bulgarian capital market. New Vision 3 (NV3) is targeted at start-up hi-tech companies and aims to support innovative business ideas with both funding... view more


Martin Zahariev spoke before the audience of Bulgarian Digital Week Plovdiv 2019

Is legal regulation possible in an unrestricted and unmanaged virtual world? Which are the biggest challenges facing the legal system in the era of fast-paced technology? These key questions of the contemporary reality were addressed by the legal expert Martin Zahariev, PhD in his speech before the audience of the Cyberlaw, Cybercrime & Cybersecurity conference. The event took place... view more


DPC advises one of the investors in a large real estate project in Sofia

DPC advised the Bulgarian entrepreneur Dilyan Pavlov on its investment in Park Lane Office Center. Our client joined the project as a shareholder together with prominent names in the real estate sector in Bulgaria. Park Lane Office Center is a high-tech multifunctional business building at a top, easily accessible location in the area of Hladilnika in Sofia. It will offer 35 000 sq. meters... view more


Bulgarian Supreme Court rules on the scope of the arbitration clause in a power purchase agreement

Recently the Bulgarian Supreme Court of Cassation (SCC) has issued an important ruling[1] on the issue whether a general arbitration clause in a contract covers rights and obligations of the parties which stem directly from the law. At first sight, the matter seems quite clear – the arbitration clause applies only to disputes arising out of the agreement and does not cover disputes... view more


New requirements for the mandatory transfer pricing documentation

The expected amendments to the Tax and Social Procedural Code were promulgated in August 2019, introducing the obligation for certain categories of persons to prepare and store transfer pricing documentation. The purpose of the amendments is to further ensure compliance with the arm’s length principle by regulating mandatory documentation that proves that transactions with related parties... view more


Desislava Krusteva comments the fine imposed on the NRA for the Bulgarian National Radio

Who did the state (represented by CPDP) actually sanction by the BGN 5 million fine imposed on the National Revenue Agency for the personal data leak from the agency’s information system? This question provoked numerous comments from experts in various fields. In an interview for the BNR’s programme Horizont, att. Desislava Krusteva, described the situation as a legal... view more


The Commission for Protection of Competition established abuse of dominant position by NEK

The Bulgarian Commission for Protection of Competition (CPC) established violations of the antitrust law committed by NEK and imposed a BGN 315,612 (c.a. EUR 160,000) fine.  The established infringements constitute abuse of NEK’s dominant position on the market of balancing of the electricity of Renewable Energy Sources (RES) producers at preferential prices (feed-in tariffs) on the... view more